ITK

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General

Established 1985
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Phone Number ITK

Blackstone is the largest real estate private equity firm in the world today with $120 billion of assets under management. They operate around the globe with investments and people in North America, Europe, Asia, and Latin America. They seek to generate attractive risk-adjusted returns for their investors across cycles and over the long term. The Blackstone Real Estate platform encompasses investments across the risk spectrum from opportunistic to core+ to debt.

Updates

179 Lincoln Street
- Jun 16, 2020

Downtown Office Property Financed for $93M Blackstone has financed the property at 179 Lincoln Street for $93M through Aareal Capital Corporation. The 210,000 square foot office building features a small coffee shop and fitness center as tenant amenities. Blackstone purchased the property in January of this year for $155.65M.


Woodview at Legacy Farms
- May 19, 2020

Hopkinton Luxury Apartment Complex Mortgaged for $46.8M Woodview at Legacy Farms in Hopkinton has been mortgaged for $46,865,000 through HFF. The 240 unit development was constructed in 2013 and offers 1 & 2 apartments currently ranging in price from $1785 through $2786 per month. The development also includes a resident clubhouse featuring a pool and fitness center. 


179 Lincoln Street
- Jan 14, 2020

Leather District Property Acquired for $155.65 Million The property at 179 Lincoln Street in Boston's Leather District has been acquired by Blackstone for $155.65 million. The building is 210,440 square feet and sits on a .97-acre parcel. The property features a small coffee shop and fitness center. There is immediate access to public transportation with subways, buses, water taxis, and commuter rails within walking distance.


12 Forge Parkway
- Sep 25, 2019

Franklin Industrial Facility Sells for $20 Million Blackstone has acquired the property at 12 Forge Parkway in Franklin, MA for $20 million. 12 Forge Park is a Class A High-Bay Warehouse/Distribution facility located in Forge Park in Franklin, MA. The state-of-the-art building specifications include 28’ clear, 40’X40’ column spacing, and automated (motion sensor) T-5 lighting. The 236,331 square foot building features high-bay warehouse space, including 4,033 to 7,233 square feet of first-floor office space.


BREIT-Canyon Industrial Portfolio
- Mar 20, 2018

Industrial Buildings in Middlesex County are part of a $1.8 billion acquisition! Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced on 03.12 that it acquired the Canyon Industrial Portfolio, a 22-million square foot portfolio of industrial assets, for approximately $1.8 billion.The Canyon Industrial Portfolio is comprised of 146 last-mile infill warehouses and distribution buildings with major concentrations in Chicago, Dallas, Baltimore/Washington D.C., Los Angeles/Inland Empire and South/Central Florida. The assets are of high physical quality and in attractive locations, and the portfolio features a strong, creditworthy tenant mix, including Amazon, FedEx, DHL, Coca-Cola, Fiat Chrysler and the U.S. Government.“The Canyon transaction exemplifies BREIT’s focus on real estate asset classes and geographic markets with attractive fundamentals. BREIT’s portfolio, with its emphasis on stable, income-producing warehouse and apartment assets, is well positioned to benefit from continued tailwinds in these sectors,” said A.J. Agarwal, President of BREIT, and Head of U.S. Core+ Real Estate, Blackstone.With the closing of this acquisition, BREIT’s portfolio totals $7 billion in gross asset value across 272 assets primarily concentrated in 33-million square feet of industrial assets and 17,200 multifamily apartments, with modest exposure to select-service hotels and grocery-anchored shopping centers.


161 Devonshire Street
- Feb 16, 2016

BREAKING: At 2:10 PM this afternoon, Masterworks Development Corporation of New York City sold the Club Quarters Hotel at 161 Devonshire Street in Boston's Financial District. Buyer is Blackstone Real Estate Advisors, also of New York City. Sale price was $75,420,000.Sale deed:


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BREIT-Canyon Industrial Portfolio